Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.194 is expected.
Caution: A possible change in the direction of the resistance line at 1.256 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.416 |
| 2nd High | 1.334 |
| Next High | 1.256 |
| Current Price | 1.223000000 |
| Next Low | 1.194 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.256 – 1.239 – 1.334 – 1.194 – 1.209 – 1.216 —
1.256000000 – 1.240000000 —
60.69196912828 – 53.706466851067 —
– —
1.256 – 1772964000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – – Symmetrical Triangle Chart Pattern – –